Taronis Fuels, Inc filed a motion in the US Bankruptcy Court for the sale of substantially all assets of MagneGas Welding Supply – West, LLC on November 16, 2022. The debtor seeks the Court's approval for the sale of substantially all of the assets to Airgas USA, LLC, for a purchase price of not less than $5.90 million and, depending on certain diligence to be conducted by the Purchaser, up to $6.20 million in cash pursuant to the asset purchase agreement. The proceeds from the sale would be used to pay off the amount owed to the debtor's pre-petition lender.